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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
Japanese firm plucks banker from UBS
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Investec Structured Products has launched the FTSE 100 Six-Year Kick-Out Plan 1, offering two separate counterparty options.
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Jimmy Neissa is planning to retire as global head of investment banking at UBS at the end of March.
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UBS has appointed Barry Sharkey and Dane Fitzgibbon as co-heads of capital markets for Australia.
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The Belgian Financial Services and Markets Authority is holding firm on reducing structured products that it considers complex despite industry opposition to the regulator’s proposal.
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With the growing popularity of VIX derivatives, the innovations in these products have flourished over the last few years. In early 2009, Barclays introduced the VIX-related exchange-traded products, with VXX and VXZ--iPath S&P500 VIX Future—replicating the short-term and mid-terms VIX futures, respectively.
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Assad Amin, global head of equity execution at the Royal Bank of Scotland in London, has left the firm.